A Strong Canadian GDP Report Ignored: A Contrarian Opportunity in the Making

(This is an excerpt from an article I originally published on Seeking Alpha on November 20, 2014. Click here to read the entire piece.) Once again, traders overlooked another strong economic report from Canada. This time the strong report came in the form of GDP growth. The distracting event was a tremendous plunge in oil … Read more

A Second Extremely Strong Month for Canadian Jobs Chases Away My Bearish Bias

(This is an excerpt from an article I originally published on Seeking Alpha on November 9, 2014. Click here to read the entire piece.) Suddenly, prospects for the Canadian dollar (FXC) are presumably improving with unemployment making a dramatic turnaround over the last two months. September’s good news was drowned out by October’s sharp sell-off … Read more

No Positive Catalyst for the Canadian Dollar from the Bank of Canada

(This is an excerpt from an article I originally published on Seeking Alpha on October 27, 2014. Click here to read the entire piece.) Wednesday’s terrorist attack in Canada disrupted life in Ottawa on the same day the country’s central bank was scheduled to hold a press conference to discuss its latest monetary policy decision. … Read more

Lost in the Market Angst: A Dramatic Improvement in Canadian Employment

(This is an excerpt from an article I originally published on Seeking Alpha on October 12, 2014. Click here to read the entire piece.) Suddenly, I am feeling a lot less bearish about the Canadian dollar (FXC). {snip} This means that half the job creation over the past year happened all in one month. What … Read more

The Canadian Dollar Hangs in the Balance Between Weak Jobs Growth and Strong High-End Housing Demand

(This is an excerpt from an article I originally published on Seeking Alpha on July 14, 2014. Click here to read the entire piece.) Employment picture remains lackluster On Friday, Statistics Canada painted another disappointing jobs picture for the country. Instead of the 20,000 additional jobs expected by the “consensus” for June, the Canadian economy … Read more